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20121027
20121104
Search Results 0 to 9 of about 10 (some duplicates have been removed)
quarter in the u.s., and it lost money in europe. the bottom line for g.m. in the third quarter was stronger than ancipated. earnings per share totaled 93 cents, well above the 60 cents per shares expected. g.m. returned to profitability in south america and china profit jumped 10%. shares jumped 9.5% as volume tripled. g.m. hopes to stop losing money in europe by the middle of the decade. yesterday, ford told us it expects its european business to begin turning around in about a year. today, ford shares were also on the move after its strong earnings report during the market closure. ford rallied 8.2%. over $11 per share for the first time since may. some merger action in the clothes and fashion industry hit the tape with p.v.h. buying warnaco group, that's the company licensing calvin klein, speedo and other brands. warncstock shot up almost 39%. the dl tols $2.8 llion in cash and stock. the buyer, p.v.h., rose 20% as a big sign of market confidence in the deal. and u.s. vitamin maker schiff nutrition has agreed to be bought by bayer, pushing schiff stock up 46%. the five most
of the month. sales at g.m. rose almost 5% on strength in its cadillac and buick brands. at ford, sales barely budged, up just four tenths of a percent. the auto maker believes the massive storm cost the industry as many as 25,000 sales in the last three days of the month. chrysler was up 10%, led by its ram pickup truck. toyota's sales were up 16%, while honda gained about half that. also from ford today, some management news that looks like a succession plan. mark fields was tapped to be chief operating officer, a move seen as steering him to eventually take the wheel from ford c.e.o. alan mulally. diane eastabrook reports. >> reporter: as chief operating officer, 51-year-old mark fields will run the day-to-day operations at ford, and will also be in charge of weekly business review meetings. 67-year-old alan mulally will remain c.e.o. through 2014, focusing on global products and the long-term strategy of the company. fields, a 23-year ford veteran, was handpicked by chairman bill ford seven years ago to run the company's north american operations. he's overseen successful product launches,
jobs, and not just at gm, chrysler and their dealerships, but in auto parts manufacturing all over the country. >> reporter: today the lords town plant churns out the chevrolet cruz, the country's best selling compaq car, to meet demands it's gone from one shift a day to three, and round-the-clock production. dave green is president of the local united auto workers union. >> but the whole economy will benefit from this because our parts suppliers, the people who work there are out shopping at the stores, they are paying tacks, you know, they're investing in their community. >> reporter: the auto industry employs one out of every eight workers in the state. youngstown is the largest city in the region and reaped many of the benefits. it's not just auto breathing new life into northeast ohio. in youngstown, the once declining steel industry has come back. and the evidence is french-owned bn m-star which makes field tube force natural gas drilling. the company chose youngstown for its $1 billion expansion. you might not think of ohio as an energy powerhouse, but it is on the verge of
, it was really scaring people, you know, that somehow the president had been part of bailing out chrysler and gm and ordered to ship those jobs, and the production overseas to china. that was shall did -- and he got attacked by the republican papers in the state including the youngstown vindicater being indefensible. and i just think it had to be the product of, conclusion that the auto bailout really was a mountain too high for him to climb. and they had to somehow destroy booma's credibility. >> woodruff: and the romney campaign is saying the ad is accurate, that it is factual. >> they seem to be the only ones though, to be honest saying that. and so one of the questions of the campaign is does that hurt. has anybody been hurt by doing a dishonest adment so far we haven't seen that much evidence. i do think there is some evidence that people are just getting sick of it they are saying this is the most dishonest race we've seen. so it is possible tt some of the very early ads that obama ran against romney last summer could turn out to be the crucial things that turn the whole election, i think
tells him not to run on his record. and you talk about osama bin laden and he talked about gm and all of those kind of things yet people are saying don't run on the record, if it was a referendum on his record he will lose. >> well, i think the president talks about all of the things chris rock tweeted about in the convention, and in the campaigns communications, elections are about the future, not about the past and i think the most signicant poll number in the last two weeks, i don't think you and i have discussed this is wall street journal, nb. c poll that asked do you want the president is re-elected what do you want it to be like. >> 60 percent say substantially different, over 20 percent said they would like it to be some what different,. >> rose: that is not surprising at all. i would expect that to be what they would say. so chris rock i think would be surprised by that. chris rock would say and the president would say, i did pretty well. the president said in one of the debates i want four more years to do what i have been doing. >> rose: here is what i don't understand. thi
in china at the expense of workers in ohio. both g.m. and chrysler have protested. but the romney campaign insists the facts in the ads are accurate. syrian government forces stepped up widespread air assaults on opposition strongholds today, anti-government activists said, after a holiday ceasefire fell apart. amateur video showed mig fighter jets strike near a mosque on the outskirts of damascus. warplanes also pounded the north, in towns including dair al zour. two days of bombing have left at least 185 people dead. meanwhile, u.s. secretary of state hillary clinton called for a shakeup of the syrian opposition in its bid to oust president assad. she said it should include people who've been fighting on the front lines, not just activists who've lived outside of syria for decades. in china, a government think tank urged leadership to end the country's one-child policy. it recommends each family be allowed to have two children by 2015, and by 2020 all limits be dropped. the one-child policy was introduced in 1980 to help curb china's population growth. but it's been widely unpopular and
october since 2007 with a 10% increase. g.m. sales were up 5%, while ford's numbers increased not quite half a percent. wall street headed higher after new reports showed consumer confidence and manufacturing on the rise. the dow jones industrial average gained 136 points to close at 13,232. the nasdaq rose more than 42 points to close at 3,020. those are some of the day's major stories. now, back to judy. >> woodruff: after devoting the first half of the week to hurricane sandy and its aftermath, the president returned to the campaign trail today. with the election around the corner, mr. obama received a surprise endorsement. with the devastation of the megastorm consuming his attention, new york city mayor michael bloomberg surprised the political world today by endorsing president obama for re-election. in a statement, bloomberg said the hurricane's cost "in lost lives, lost homes and lost business brought the stakes of tuesday's presidential election into sharp relief." he credited mr. obama with taking major steps to reduce carbon consumption and noted not only president obama's po
Search Results 0 to 9 of about 10 (some duplicates have been removed)

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